https://tube.loping.net/videos/watch/cf63aa17-00dd-4664-86db-c92fbf3e1ade In 1980, the South Korean government banned college students and school teachers from making money through private tutoring. It didn’t work. Few governments have tried more to corral their people’s private education spending than South Korea. Yet each year Koreans still spend billions of dollars of their own money - up to a third of their income - to send their kids to supplementary learning. Excessive spending on the private education industry is an issue across Asia, but the education fever in South Korea is particularly strong. In this video, we are going to dive deeper into South Korea's ridiculous private education problem. Corrections: 6:03 - Should be CEOs, Politicians and Judges, not CEOs CEOs CEOs. Some strong Ballmer energy there. Links: The Asianometry Newsletter: https://asianometry.com, Patreon: https://www.patreon.com/Asianometry, The Podcast: https://anchor.fm/asianometry, Twitter: https://twitter.com/asianometry Sun, 12 Jul 2026 14:20:41 GMT https://validator.w3.org/feed/docs/rss2.html PeerTube - https://tube.loping.net https://tube.loping.net/lazy-static/avatars/8a56e488-2120-4649-a417-badf5893657b.png https://tube.loping.net/videos/watch/cf63aa17-00dd-4664-86db-c92fbf3e1ade All rights reserved, unless otherwise specified in the terms specified at https://tube.loping.net/about and potential licenses granted by each content's rightholder.